May or June

Discussion in 'Stock Market' started by william the wie, May 2, 2011.

  1. william the wie
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    william the wie Gold Member

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    This year will it be sell in May and walk away or will it be QE II will end in june and then the market will swoon?

    I was just wondering what the opinions are out there.
     
  2. expat_panama
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    expat_panama Silver Member

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    "October: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February."
    - Mark Twain

    --and then Dave Berry warned us about the dangers of stock investing by telling us about a guy who bought some stocks and the next day he was crushed to death under a huge pile of money.

    There're so many factors that my experience tells me to watch what's happening now, and I see Investor's Business Daily call current trends 'market in confirmed rally'. I'm buying now, and if things change I'll sell.
     
  3. william the wie
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    william the wie Gold Member

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    Thanks, I suspect I trade much less than you do but I do appreciate your response.
     
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  4. expat_panama
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    expat_panama Silver Member

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    LOL right after I posted that things changed and I sold half my holdings!

    All we know is what's been happening and we act accordingly. It's like driving down the freeway while only looking through the rear view mirror...
     
  5. william the wie
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    william the wie Gold Member

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    I just play the odds and try to limit my downside.
     
  6. editec
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    editec Mr. Forgot-it-All

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    Ah, the burdens of having capital to protect.

    I don't envy you guys.
     
  7. expat_panama
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    expat_panama Silver Member

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    Most people emphasis protection from losses over desire for gain but that can be a trap. Most people prefer to risk ten bucks placing bets in a casino but I prefer putting more on the line by owning the casino. Odds favor owners.
    Ah it's tough. Some days it takes hours to get to my desk in the morning having to dig though all the money piled on it. I'm glad you understand what I have to put up with.

    Seriously, these days you can open a brokerage account with 50 bucks.
     
  8. william the wie
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    william the wie Gold Member

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    You must be relatively young. It has been very hard not to get relatively rich by 55-60 in the US for a very long time. The rules are simple:

    Avoid divorce.

    Avoid jail.

    Live slightly below your means

    And that is about it. You can get 18% compound returns simply by not using credit cards and double your free cashflow relative to your peers every four years regular as clockwork.
     
  9. editec
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    editec Mr. Forgot-it-All

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    I think you imagine that I was being insincere.

    I wasn't.

    People who have nothing to lose (and that's most people, ya know) really do not have to jump to action when they see changes in the market.

    They have nothing to lose, ergo they have nothing to protect.

    Right now most people with something to lose don't know whether to shit or go blind.
     
  10. expat_panama
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    expat_panama Silver Member

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    There's where we hit a disconnect.

    Words mean things. Anyone that's got something that they'd pay a lot of money to keep, something that others without it would pay a lot of money or do a lot of work to get, then that person has something and it's something really good.

    That describes everyone living in the US. It also includes everyone who's healthy, or even alive. Let's add anyone not in jail or not in debt, or anyone with $100 to their name.
     

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